Gelatin Market: Global Industry Analysis and Opportunity Assessment 2025
Gelatin Market by Source, Function and Application - Global Industry Analysis and Forecast to 2025
(EMAILWIRE.COM, October 18, 2017 ) The global gelatin market was worth USD 372.51 Million in the year 2016 and is foreseen to garner roughly USD 901.63 Million by 2025, while registering itself at a compound annual growth rate (CAGR) of 10.32% during the forecast period. In 2015 the global gelatin market was worth 412.7 kilo tons. The growing application of gelatin in pharmaceutical applications and in food & beverage owing to its outstanding stabilizing features and binding characteristics are anticipated to have a significant influence on the growth of this market. Gelatin is retrieved from collagen which is collected from different sources of animals like cattle bones, bovine hides, pig skin and fish. This kind of collagen that is derived from animals assists in swallowing tablets and capsules conveniently. Gelatin is widely utilized as a gelling agent in a number of applications that include healthcare, food & beverage, personal care, nutraceuticals and photography. Growing requirement for convenient food items in developing countries like China, Middle East and India is anticipated to encourage the utilization of gelatin as a practical ingredient in confectionaries. Gelatin is extremely useful in the manufacturing of a variety of pharmaceuticals such as homeostatic sponges, wound dressings and blood volume substitutes. The growing pharmaceutical industry in the United States and Canada on account of growing expenditure for the inclusion of advanced technology is anticipated to have a considerable impact. In recent years polysaccharides are being extensively utilized as an imperative component in food & beverages and healthcare applications with the aim of supplying outstanding hydrolyzing enzymatic elements. Hence, the presence of polysaccharides in the market may inhibit the growth of the gelatin market.
Application Outlook and Trend analysis
The largest application segment was food and beverages that registered for 29 percent of the total volume in 2015. Gelatin contains high levels of electrolytes, protein and carbohydrates that increase its utilization in sports drinks. Proteins are required to repair muscle tissues that are damaged by speeding up recovery by transporting nutrients and oxygen. The consumption of gelatin by the pharmaceutical industry was 85.6 kilo tons in 2015. Growing utilization of hydrocolloids in the pharmaceutical sector owing to outstanding solubility is anticipated to boost the utilization of gelatin in the following years.
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Raw Materials Outlook and Trend analysis
The raw material that was extensively utilized was pig skin that registered for 40.6 percent of the total volume in 2015 on account of high content of collagen. However, rising seasonal disorders related with swine is anticipated to restrict manufacturers from utilizing pig skin. Another useful raw material is derived from bovine hides as they have high peptide and fibrous content. Collagen that is rich in protein is discharged from cattle bones that is boiled and drained frequently after which it is ground into powder. This powder is beneficial in improving digestion problems and connective tissues. Owing to these factors, cattle bones are anticipated to encounter substantial growth in the upcoming years. The rising prominence of halal foods in the food and beverage sector of Middle Eastern countries is anticipated to encourage the utilization of cattle bone for raw materials. Other raw materials include fish skin, horse hair and sheep covering for the manufacturing of gelatin.
Market Classification
Gelatin Market, By Source, Estimates and Forecast, 2016-2025 ($Million)
Bovine Hides
Pig Skin
Bones
Other Sources
Gelatin Market, By Function, Estimates and Forecast, 2016-2025 ($Million)
Gelling Agent
Stabilizer
Thickener
Other Functions
Gelatin Market, By Application, Estimates and Forecast, 2016-2025 ($Million)
Food
Meat & Poultry Product
Confectionery
Beverage
Desserts
Dairy
Other Food
Pharmaceutical
Other Applications
Research Methodology
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
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Data Mining
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
About Crystal Market Research
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
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Las Vegas NV 89107,
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Website: http://www.crystalmarketresearch.com
Application Outlook and Trend analysis
The largest application segment was food and beverages that registered for 29 percent of the total volume in 2015. Gelatin contains high levels of electrolytes, protein and carbohydrates that increase its utilization in sports drinks. Proteins are required to repair muscle tissues that are damaged by speeding up recovery by transporting nutrients and oxygen. The consumption of gelatin by the pharmaceutical industry was 85.6 kilo tons in 2015. Growing utilization of hydrocolloids in the pharmaceutical sector owing to outstanding solubility is anticipated to boost the utilization of gelatin in the following years.
Fill the form for an exclusive sample of this report @: http://www.crystalmarketresearch.com/report-sample/FB06172
Raw Materials Outlook and Trend analysis
The raw material that was extensively utilized was pig skin that registered for 40.6 percent of the total volume in 2015 on account of high content of collagen. However, rising seasonal disorders related with swine is anticipated to restrict manufacturers from utilizing pig skin. Another useful raw material is derived from bovine hides as they have high peptide and fibrous content. Collagen that is rich in protein is discharged from cattle bones that is boiled and drained frequently after which it is ground into powder. This powder is beneficial in improving digestion problems and connective tissues. Owing to these factors, cattle bones are anticipated to encounter substantial growth in the upcoming years. The rising prominence of halal foods in the food and beverage sector of Middle Eastern countries is anticipated to encourage the utilization of cattle bone for raw materials. Other raw materials include fish skin, horse hair and sheep covering for the manufacturing of gelatin.
Market Classification
Gelatin Market, By Source, Estimates and Forecast, 2016-2025 ($Million)
Bovine Hides
Pig Skin
Bones
Other Sources
Gelatin Market, By Function, Estimates and Forecast, 2016-2025 ($Million)
Gelling Agent
Stabilizer
Thickener
Other Functions
Gelatin Market, By Application, Estimates and Forecast, 2016-2025 ($Million)
Food
Meat & Poultry Product
Confectionery
Beverage
Desserts
Dairy
Other Food
Pharmaceutical
Other Applications
Research Methodology
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
Buy Report @: http://www.crystalmarketresearch.com/checkout/172
Data Mining
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
About Crystal Market Research
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
Contact:
304 South Jones Blvd, Suite 1896,
Las Vegas NV 89107,
United States
Toll Free: +1-888-213-4282
Email: sales@crystalmarketresearch.com
Website: http://www.crystalmarketresearch.com
Contact Information:
QYResearch Groups
Alex Martin
Tel: +1-888-213-4282
Email us
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QYResearch Groups
Alex Martin
Tel: +1-888-213-4282
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results